Spotify (SPOT) Reports Q4 Revenues of EUR1.855B; Provides Q1 & FY20 Revenue Outlook

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Spotify (SPOT) Reports Acquisition of Bill Simmons' The Ringer

February 5, 2020 7:19 AM EST

Spotify Technology S.A. (NYSE: SPOT), the worlds most popular audio streaming subscription service, today announced that the company has entered into a definitive agreement to acquire The Ringer, a leading creator of sports, entertainment and pop culture content. The Ringer was founded by Bill Simmons in 2016. Terms of the transaction were not disclosed.

With this acquisition, Spotify continues to deliver against its goal to become the worlds leading audio platform. The Ringer will bring to Spotify its industry leading sports and entertainment... More

Workplace app Asana files to go public, may opt for direct listing

February 3, 2020 6:34 PM EST

(Reuters) - Workplace app Asana Inc said on Monday it had confidentially filed paperwork with the U.S. Securities and Exchange Commission to go public, indicating it would opt for a direct listing instead of a traditional initial public offering.

Asana would be the latest to pursue a... More